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Indian stock market index
The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE). Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE. The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1,000 as its base value.
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Selling pressure was broad-based as 13 of 15 major sector gauges compiled by the NSE were trading lower led by the NIFTY Media index's 1.95% fall.
Sensex slumps 568 points and Nifty slips below 22,650 as broad-based selling hits Dalal Street for a second straight day. Find out what’s dragging Indian equities, which sectors are under pressure, how crude prices, global bond yields and geopolitical tensions are impacting market sentiment, and what analysts expect…
On Monday, the Indian stock market saw a major sell-off, with the Sensex and Nifty indexes plummeting due to escalating Iran-US tensions that drove up oil prices. This volatility dampened investor sentiment while bond yields reached highs not seen in years, creating additional pressure on equities. The rupee…